Tax Planning for Business owners or Self Employed

Self-employed people are usually those that wear all the hats in their business, work very hard and are their own boss. Business owners are people who own and manage a business and have hired and surrounded themselves with smart, competent people. Everyone who is self-employed should look at making the transition and what it takes to be a business owner.

The Self-employed and Business Owner both have a great edge in tax planning over the employed. They get to deduct expenses from their income and pay less tax later, whereas the employed do not get to deduct expenses from their income and have to pay tax on every paycheque.

KD PROFESSIONAL is a group of interconnected companies offering a wide range of financial, accounting and tax services to individuals and businesses across Canada. Through our experienced staff and strategic alliances, we provide exemplary service and solutions to maximize your cash flow, while preserving Wealth.